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Chili’s

521 East Nolana Ave | McAllen | TX | 78504


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Confidentiality Agreement

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Property Highlights

  • Secure Income Stream
    • 20-Year Absolute NNN Lease with Over 10 Years Remaining, No Landlord Responsibilities
    • Rare 1.5% Annual Increases, 20+ Year Operating History at this Location
    • Corporate Guaranteed Lease from Brinker International, Inc. (NYSE: EAT)
    • $3.34 Billion in Revenue (2021), an 8.4% Year Over Year Growth
    • Brinker’s 2022 Revenue of $3.8B is a 12.97% Increase Over 2021
    Proximity
    • 264,630 Residents in Primary Trade Area
    • Excellent Access and Visibility to 30,722 Cards/Day Along Major Retail Corridor
    • $92,643 Average Household Income in a 1-Mile Radius
    • High-Growth Market, Population Increased 14% Since 2010
    • 315,279 Day Population, Boosted by Daily Cross Border Traffic from Mexico (5 Miles)
    • Minutes to South Texas College – Pecan Campus (28,184 Students / 2,654 Employees) and University of Texas Rio Grade Valley (29,000 Students /4,887 Employees)
    • Surrounded by Several K-12 Schools with 21,602 Combined Students Hidalgo County is the 8th Largest County in Texas with 800,000 Residents McAllen is Designated as a Foreign Trade Zone, Established as Major Hub for International Trade and Distribution South Texas Accounts for $84.8B of State’s GDP (2020)

Property Details

  • Available SF: 5,842 SF
  • Price: $ 4,800,000
  • Transaction Type: For Sale
  • Property Type: Medical
  • Lot Size: 1.45 AC
  • Cap Rate: 5.00%
  • Year Built: 2001
  • Parking: 123
  • Tenancy: Single Tenant
  • Lease Type NNN
  • Availability: Available
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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

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$ 0.00

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